Country Report
Montenegro upstream summary
Report summary
Montenegro has no history of commercial oil and gas production, but is working to establish an upstream industry. In 2013, the country launched its first licensing round. Offshore exploration is being led by Eni and NOVATEK.
Table of contents
- Executive summary
- Key facts
- Location maps
-
Key companies
- Current interests
- Historical interests
-
Geology
- Introduction
- Adriatic - Dinaric basin
-
Exploration
- Licensing
-
2013 licensing round
- Results
- Historical licensing
-
Drilling
- Drilling activity
- Onshore
- Offshore
- Reserves and resources
-
Production
- Overview
-
Infrastructure
-
Introduction
- Future projects
-
Introduction
-
Policy and regulation
-
Key legislation
- Law on Exploration and Production of Hydrocarbons (2010)
- Law on Hydrocarbon Tax (2014)
- Regulatory body
- State oil company
- State participation
-
Licensing
- Exploration Concession Contracts
- Production Concession Contracts
-
Key legislation
-
Fiscal terms
- Overview
-
Current fiscal terms
- Bonuses, rentals and fees
- Royalty
- Corporate income tax
- Decommissioning
- Environmental pollution fees
- Sample cash flow
Tables and charts
This report includes 7 images and tables including:
- Key facts: Table 1
- Country map
- Montenegro - sedimentary basins
- Montenegro - licence map
- Fiscal terms: Table 1
- Fiscal terms: Table 2
- Fiscal terms: Table 3
What's included
This report contains:
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